Solana Falls 2.87% in One Hour to $102 as Long Liquidations Hit $16M

Solana (SOL) fell 2.87% in one hour to $102 on Binance’s SOL/USDT spot market at 10:32 p.m. ET (02:32 UTC Oct. 15). The pair had been at $105 one hour earlier, a $3 decline across the measured period. The quote captures SOL’s spot price at the end of that hour.

Long liquidations across Binance, Bybit and OKX totaled $16 million over the same hour, compared with $80,000 in short liquidations. The long-side total was 200 times the short-side figure, a $15.92 million difference. Combined, the two categories amounted to $16.08 million in liquidations.

Long liquidations made up about 99.5% of that combined total. Solana ranked seventh by market capitalization at about $61.4307 billion. That figure provides broader scale for the asset, while the price and liquidation readings cover a single one-hour period ending at 10:32 p.m. ET.